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EmpowerUNVERIFIED PLATFORM
UNVERIFIED PLATFORM
Empower
Empower is a financial services company dedicated to enabling financial freedom for individuals and organizations. Its offerings include investment, wealth management, and retirement solutions. Empower provides the Empower Personal Dashboard™, a free tool that offers a transparent and user-friendly overview of one's current financial status and future outlook.
UNVERIFIED PLATFORM
Highlights
+1.14%
Asset Class Return•30d
#24 Rank
In Stocks•30d
Invest from
$1
Overview
In 2022, Empower managed to achieve $62B in retirement plan sales, making it the second largest retirement plan provider in the U.S. Market Size/Growth.
With high returns using Empower’s own investment calculator, fees are moderately low at 0.08% for investments between $100,000-$200,000:Returns.
After earning 41 top ratings and accommodation from clients, the Colorado Public Employees Retirement Association selected the company to administer $5B in DC retirement plans.
Ever since its preliminary founding in 1891, Empower has been about financial freedom and ease of management of finances and investments: Mission with their dashboard that enables the client to oversee and control all of their assets and liabilities with a click of a button., e.g. Exposure to Asset Class.
Things to Know
You make money on
Value + Dividends
Fees
0.49%-0.89% on investments starting from $100,000
Min Investment
$1
Payout frequency
Quarterly
Term of investment
Zero
Target Return
Varied
Liquidity
Easy
Open to
All Investors
Mobile Application
iOS, Android
Top Perks
Individual securities available.
Dedicated financial advisors.
Advanced tax optimization strategy.
Other ways to invest in Stocks
How you make money
After the initial investment of $100,000, the aggregate of the investment account will trigger a qualified lead, making the lead eligible for commission payment such as an 8% return rate over a period of three years.
How Empower makes money
Empower makes its money using slightly above average management fees between 0.49%-0.89% depending on the investment amount and average investment expense ratios of 0.08%.
Is it safe?
Empower has gained worldwide recognition from entities like Investopedia, Plansponsor, and Financial Advisor.
Established
2014
Country Available
US Only
Assets Managed
$16B
How You’re Taxed
Capital Gains
Income Tax
Investors are subject to short-term capital gains when selling stocks owned for one year or less, which are taxed at ordinary income tax rates. Long-term capital gains are applicable when assets are owned for more than one year, with tax rates ranging from 0% to 20%, depending on your total taxable income.
Reviews
5
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Reviews (1)
Charlie M
Has been flawless.
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